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FxWirePro: The Day Ahead- 16th June 2017

Jun 16, 2017 05:12 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Japan: BoJ kept monetary policy unchanged. China: Foreign Direct Investment (FDI)...

Vital Signs Series

Vital Signs: Australia is facing an interest rates dilemma

Jun 16, 2017 04:43 am UTC| Insights & Views Central Banks Economy

Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting...

Bank Indonesia keeps policy rate on hold, likely to remain on hold over rest of 2017

Jun 15, 2017 16:20 pm UTC| Commentary Central Banks

The Indonesian central bank, Bank Indonesia, today kept its policy rate on hold at 4.75 percent, as expected and in the midst of an environment of stable growth and curtailed inflation. The 7-day reverse repo rate has...

UK retail sales fall more than expected, suggest slowdown in household spending

Jun 15, 2017 11:40 am UTC| Insights & Views Central Banks Economy

According to data released by The Office for National Statistics, the annual rate of growth in UK retail sales slipped to 0.9 percent, the lowest since April 2013. After a stronger than anticipated April retail sales on...

BOJ monetary policy preview

Jun 15, 2017 09:55 am UTC| Commentary Central Banks

Bank of Japan (BOJ) will announce its monetary policy decisions tomorrow sometime in early Asian hours, probably around 2:00 GMT, followed by a press conference from Governor Kuroda around 6:30 GMT. Current monetary...

FxWirePro: Bullish, bearish scenarios, OTC indications and hedging vehicles of sterling

Jun 15, 2017 09:34 am UTC| Research & Analysis Insights & Views Central Banks

Bearish sterling scenarios: 1) The UK growth slows below 1% as consumers are squeezed by inflation and falling house prices. 2) Outright capital repatriation from slower moving long-term investors including central...

BOE monetary policy preview

Jun 15, 2017 09:16 am UTC| Commentary Central Banks

The pound has declined sharply over the past weeks as no political parties gained an outright majority in the June snap election. Conservatives, who had a majority government is now operating as a minority government. This...

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Economy

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

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EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

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U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

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EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

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Politics

U.S. Launches Large-Scale Airstrikes on ISIS Targets in Syria After Deadly Attack

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Russian Missile Strike on Odesa Port Kills Seven, Disrupts Key Trade Routes

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Trump Nominates Lt. Gen. Frank Donovan to Lead U.S. Southern Command Amid Rising Tensions in Latin America

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Brazil Court Allows Bolsonaro Hospital Trip Amid Prison Sentence

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Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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